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CONDENSED STATEMENT OF SHAREHOLDERS EQUITY Statement - USD ($)
shares in Thousands, $ in Millions
Total
Accounting Standards Update 2016-13 [Member]
Issued Common Stock
Accumulated Deficit
Accumulated Deficit
Accounting Standards Update 2016-13 [Member]
Accumulated Other Comprehensive Loss
Total Shareholders' Deficit $ (8,016)   $ 0 $ (7,628)   $ (388)
Issued Common Stock, Shares     300,000      
Net Income 83     83    
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature (102)          
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature           (102)
Pension and post-retirement benefit plans, net of tax 4         4
Changes in derivative instruments, net of tax (63)         (63)
Comprehensive Income (Loss) (78)          
Dividends declared (142)     (142)    
Repurchase of shares of Common Stock, shares     0      
Repurchase of shares of Common Stock, value 0          
Employee Stock Option and SARs Exercises, Shares     1,000      
Employee Stock Option and SARs Exercises, Value (13)   $ (13)      
Share-based compensation events (28)   (28)      
Tax (expense) benefit 1          
Change in Derivatives Instruments, Tax 20          
Total Shareholders' Deficit (8,229) $ (8) $ 15 (7,695)   (549)
Issued Common Stock, Shares     301,000      
Accumulated Deficit         $ (8)  
Total Shareholders' Deficit (7,891)   $ 0 (7,480)   (411)
Issued Common Stock, Shares     300,000      
Accumulated Deficit (7,480)          
Net Income 326     326    
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature 3          
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature           3
Pension and post-retirement benefit plans, net of tax 41         41
Changes in derivative instruments, net of tax 21         21
Comprehensive Income (Loss) 391          
Dividends declared (151)     (151)    
Repurchase of shares of Common Stock, shares [1]     (2,599)      
Repurchase of shares of Common Stock, value (275) [1]   $ (14) (261)    
Employee Stock Option and SARs Exercises, Shares     1,000      
Employee Stock Option and SARs Exercises, Value (10)   $ (10)      
Share-based compensation events (24)   (24)      
Tax (expense) benefit 13          
Change in Derivatives Instruments, Tax 7          
Total Shareholders' Deficit (7,912)   $ 0 $ (7,566)   $ (346)
Issued Common Stock, Shares     298,000      
Accumulated Deficit $ (7,566)          
[1] (a) Excludes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but cash settlement dates subsequent to December 31, 2020.